Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2026	Jan. 31, 2025	Jan. 31, 2024
Operating activities:
Net loss	$ 37,871	$ (27,948)	$ (2,630)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization expense	26,986	18,531	15,805
Impairment of long-lived assets	8,552	0	0
Bad debt expense	3,078	1,665	888
Stock-based compensation expense	48,711	51,780	44,961
Amortization of operating lease right-of-use assets	9,420	8,729	8,804
Adjustments to contingent consideration	(28,600)	5,500	0
Other, net	714	(2,597)	540
Changes in operating assets and liabilities, net of assets acquired and liabilities assumed in business acquisitions:
Accounts receivable	(8,315)	(1,122)	518
Prepaid expenses and other current assets	(5,246)	(397)	755
Costs to obtain revenue contracts	3,049	10,048	8,818
Other long term assets	6,528	351	896
Accounts payable, accrued expenses and other current liabilities	(4,866)	17,037	(10,176)
Unearned revenue	(15,689)	(20,464)	(11,252)
Operating lease liabilities	(14,327)	(11,095)	(11,687)
Other long term liabilities	(12,019)	193	(83)
Net cash provided by operating activities	55,847	50,211	46,157
Investing activities:
Capital expenditures	(2,557)	(2,085)	(2,728)
Cash paid in acquisitions, net of cash acquired	(18,801)	(89,407)	0
Net cash used in investing activities	(21,358)	(91,492)	(2,728)
Financing activities:
Proceeds from exercise of stock options	2,154	1,290	9,405
Proceeds from debt issuance	99,000	0	0
Repurchase of common stock	(67,431)	(17,907)	(23,086)
Payments for taxes related to net share settlement of stock-based compensation awards	(22,974)	(10,826)	(13,015)
Payments of deferred financing costs	(1,118)	(853)	(452)
Deferred acquisition payments	(22,009)	(3,542)	0
Proceeds, net from employee stock purchase plan withholdings	2,855	3,297	3,894
Net cash used in financing activities	(9,523)	(28,541)	(23,254)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	5,554	(1,708)	(205)
Net increase (decrease) in cash, cash equivalents and restricted cash	30,520	(71,530)	19,970
Cash, cash equivalents and restricted cash at beginning of period	138,654	210,184	190,214
Cash, cash equivalents and restricted cash at end of period	169,174	138,654	210,184
Supplemental disclosure of cash flow data:
Cash paid on interest	6,491	9	0
Cash paid on income taxes	$ 3,569	$ 3,176	$ 2,716

Yext, Inc. 10-K